Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

My message to the good people in Braddon and right around Australia is that more than $200 billion in higher taxes would hurt our economy, hurt families and cost jobs. Furthermore, Bill Shorten is determined to help businesses overseas take investment and jobs away from Australia, including from Braddon, by standing in the way of lower corporate tax rates here in Australia. If we keep business tax in Australia high while all of the countries that we compete with are lowering their business tax significantly, the consequence will be that businesses and employees in other parts of the world will have a significant competitive advantage compared to businesses and employees here in Australia. Bill Shorten stands with the big end of town in New York against the small business in Braddon. Bill Shorten is standing with the big end of town in New York, helping them take investment and jobs away from Australia. That is what the modern Labor Party has come to.